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2013-08-01 — nytimes.com
Under pressure from a handful of lawmakers to explain why banks including JPMorgan Chase & Co. and Goldman Sachs have been allowed to own warehouses and trade physical commodities, regulators have scrambled this month to demonstrate that they are tackling the issue.
On Tuesday, Securities and Exchange Commission Chairwoman Mary Jo White said for the first time that the SEC was looking into the question of insider trading, a concept that has never been formally applied to the broad commodity markets.
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